Tin.nsdl has launched latest file validation utility FVU version 3.9 e-TDS software. This software FVU 3.9 is used to prepare e-TDS/TCS quarterly statements. FVU version 3.8 and 3.9 are applicaple up to 31 August 2013. After FVU latest version 3.9 will be mandatory from 1 September 2013. There are many new faetures of latest version of FVU 3.9 which are as follows.

•Change in validation of quarterly TDS/TCS statements are as below:

oBook entry flag should not be provided in the challan details for nil challan\nil transfer voucher for all the financial years.